Search Results for: crypto scam

Crypto Scams Are Skyrocketing in 2020 Compared to 2017 Statistics

Whale Alert, the blockchain tracking and analytics platform, has revealed that scammers have stolen more than $38 million worth of Bitcoin (BTC) over the last four years. It could hit new heights by the end of 2020 Research by Whale Alert, which relies on data from the crypto scam monitoring platform, Scam Alert, shows that […]

crypto scam and ponzi scheme

Over $117M Bitcoin in Crypto Scam PlusToken Moves to New Addresses

Over 12,000 bitcoins (currently worth over $117M) associated with the alleged crypto scam PlusToken, have just moved to two new blockchain addresses. The two addresses are 1st address, 2nd address. The revelation was made public by the VP of research at Chinese blockchain security firm PeckShield, Chiachih Wu, through a tweet. As you can see, […]

Crypto Investment scam

Common Crypto Scams and How to Avoid Them?

When there are complex financial products involved, there’s a fraud. As cryptocurrencies have become mainstream, many people become aware that there’s a lot of money to be made in it. However, most people aren’t experts, and fraudsters/scammers know this. Thus, people fall into crypto scams and lose their hard-earned money.

Crypto scammers sends scam emails

Crypto Scammers Use UK Financial Regulator’s Identity to Send Scam Email

An FCA masked scam email has been moving around encouraging users to make crypto investments. These fraud emails claim to be from the UK Financial Conduct Authority (FCA) and try to lure the users into the trap. These fraudsters use the branding and logo of the FCA to make it appear more real to the prey. The scam email assures the users a guaranteed chance of earning on investments…